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Dec 27, 2012
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what i want -- i don't want people to get excited about this fiscal cliff. right? so you laugh, right. >> i'm not laughing but if you take a dollar out of every -- that's a tax. >> i understand. i would rather self impose a tax than be forced to do something. therefore you're going to want to do it. for me, it's muscle memory. once you try it, you'll feel a tremendous patriotism and it will be -- >> did you hear that lieutenant colonel representative say we don't have a tax problem, we don't have a revenue problem, it's a spending problem? this doesn't address the problem in washington. that's the problem. >> again, once we band together, companies and citizens, we're listen, we need additional receipts, period. that's a known. it's going to happen for a period of time through -- >> you're a business guy. we're run out of time.j3 if you take in money but spend more, you're still taking in more money every year. you have to worry about the spending side, not revenue. >> the good faith program i started is going to force our elected officials to do something. we'll
what i want -- i don't want people to get excited about this fiscal cliff. right? so you laugh, right. >> i'm not laughing but if you take a dollar out of every -- that's a tax. >> i understand. i would rather self impose a tax than be forced to do something. therefore you're going to want to do it. for me, it's muscle memory. once you try it, you'll feel a tremendous patriotism and it will be -- >> did you hear that lieutenant colonel representative say we don't have a tax...
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Dec 27, 2012
12/12
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so at this point is there any chance the united states can avoid taking a fiscal cliff dive? joining me for more is republican senator john hoeven of north dakota. and very simply, sir, we appreciate you being here but is harry reid right? are we going off the cliff? >> well, adam i hope he is not right. at this point president obama indicated he is going to call and talk to our leader, mitch mcconnell, senator mcconnell and make a proposal. we're very interested to see what that proposal is. we put revenues on the table. there needs to be some savings. and i believe we can get a deal so let's go. adam: what will the do look like? the president at one point actually upped what he was willing to tax. he wants taxes. originally saying on incomes of 250,000 and up. then he went to 400,000. what kind of compromise do we need from both side to get a deal done so that i don't have to keep boring people with this term fiscal cliff? >> right. to really get the deal done right you need about 4 troll trillion to get us back on track. that means pro-growth tax reform, entitlement reform
so at this point is there any chance the united states can avoid taking a fiscal cliff dive? joining me for more is republican senator john hoeven of north dakota. and very simply, sir, we appreciate you being here but is harry reid right? are we going off the cliff? >> well, adam i hope he is not right. at this point president obama indicated he is going to call and talk to our leader, mitch mcconnell, senator mcconnell and make a proposal. we're very interested to see what that proposal...
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Dec 28, 2012
12/12
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>>> just days away from the fiscal cliff right now. can lawmaker reach a last- minute deal in time? a live report from capitol hill coming up. >> plus, a u.s. general way memorable military career has passed away. a look at the life and legacy of desert storm commander norman schwarzkopf. >> a redskins-cowboys preview with dave ross a little bit later. fox 5 morning news continues right now. right now. >> you can see how clear it is. clearly. friday, december 28th. good morning. i'm sarah simmons. h simmons. >> let's talk to tucker barnes about the weather. >> we are looking fine. it is chilly out there. kind of seasonbury chilly. temperatures back in the low to mid-30s and we'll be in for a decent day. about maybe 40, 42 today, partial sunshine. so friday looks good. tomorrow, things get a little more interesting as we've got this winter event on the way. not a huge event but it is an event. >> it is an event but not quite an event. >> okay. i'm just excited about it. >> you are allowed to be excite about it. we don't want to scare people. >> i know. i won't. >> 33 this morning at
>>> just days away from the fiscal cliff right now. can lawmaker reach a last- minute deal in time? a live report from capitol hill coming up. >> plus, a u.s. general way memorable military career has passed away. a look at the life and legacy of desert storm commander norman schwarzkopf. >> a redskins-cowboys preview with dave ross a little bit later. fox 5 morning news continues right now. right now. >> you can see how clear it is. clearly. friday, december 28th....
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Dec 25, 2012
12/12
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washington has just less than a week to reach a deal on the fiscal cliff, and right now, president obama and house speaker boehner are still far apart on an agreement. they'll be back to work on thursday to try to prevent this looming financial disaster. >>> he played the grouchy oscar on the odd couple, and tonight, hollywood is remembering jack klugman, the versatile character actor died at his california home today. from 12 angry men, he had decades of memorable roles on film and tv. jack klugman was 90 years old. >>> well, it could be a christmas of extreme weather for much of the u.s. a major storm is developing and gaining strength in the south. and it could lead to tornado outbreak. there are also warnings of hail, high winds, and heavy rain across the region. stay with cnn for the very latest on the threat of this dangerous weather. and on a much more cheerful note, here comes santa and his reindeer. norad is watching the jolly fellow, as is the tradition since 1955, tracking st. nick as he delivers all of those presents to kids around the world. i'm isha sesay in atlanta with a
washington has just less than a week to reach a deal on the fiscal cliff, and right now, president obama and house speaker boehner are still far apart on an agreement. they'll be back to work on thursday to try to prevent this looming financial disaster. >>> he played the grouchy oscar on the odd couple, and tonight, hollywood is remembering jack klugman, the versatile character actor died at his california home today. from 12 angry men, he had decades of memorable roles on film and...
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Dec 28, 2012
12/12
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we need the fiscal cliff resolved right away. this uncertainty causes great harm to the country, and we need very aggressive plans to reformulate our budget so that we don't have to have this uncertainty hanging over us so freakedly. you know, right now, american factories have a 20% price differential with competitors all through the the world. we need our system to be more competitive so we can grow. if we raise taxes on the job creators, on the factory owners, what happens is we'll be less competitive. the 20% will grow. we'll have less factories built here in america. it's very important that washington starts working out deals right away so that the fiscal cliff can be history, and we can focus on building factories, higher people, growing. dagen: well, they are not listening to you, drew. i hate to break it to you. in the interim, your company makes wire baskets and does sheet metal fabrication. based on what you see, how much of your own customers pulled back? have you seen layoffs? have you seen spending cuts ahead of the
we need the fiscal cliff resolved right away. this uncertainty causes great harm to the country, and we need very aggressive plans to reformulate our budget so that we don't have to have this uncertainty hanging over us so freakedly. you know, right now, american factories have a 20% price differential with competitors all through the the world. we need our system to be more competitive so we can grow. if we raise taxes on the job creators, on the factory owners, what happens is we'll be less...
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Dec 27, 2012
12/12
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kenneth vogel, talk about what is happening with the fiscal cliff right now in the major divisions within the republican party. you follow the conservative movement within the republican party. >> i think that is the story of the fiscal cliff stalemate, much as it was last year with the stalemate over increasing the debt ceiling. it is, in fact, these tea party members who are elected first in the conservative wave of 2010 when republicans took back the house, and subsequently, there were some additions to the sort of tea party caucuses in both the house and senate in 2012, but many fewer. in fact, many tea party members lost their re-election bid in 2012. it is hard to generalize, but you could look at a number of them and say that this sort of souring of public opinion on the tea party as a result of their perceived unwillingness to compromise in 2011 over the debt ceiling negotiations probably was held against them, probably heard not only them in their reelection bid, but also republicans more broadly and republican brand, because they are perceived to be the party of in transient as
kenneth vogel, talk about what is happening with the fiscal cliff right now in the major divisions within the republican party. you follow the conservative movement within the republican party. >> i think that is the story of the fiscal cliff stalemate, much as it was last year with the stalemate over increasing the debt ceiling. it is, in fact, these tea party members who are elected first in the conservative wave of 2010 when republicans took back the house, and subsequently, there were...
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Dec 27, 2012
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if not for the so-called fiscal cliff debate they're trying to strike a deal on. that would be also on other legislation that would come up with 113th congress. democrats want to ensure they have 55 votes when the 113th congress begins on january 3rd. >> senior political editor mark murray for us on this thursday, appreciate it, sir. >> thank you, craig. >>> outrage of russian president vladimir putin's decision to sign a bill to block americans from adopting russian children and a video of a squarm bursting in a shopping mall. details on that story around the "news nation." [ male announcer ] eligible for medicare? that's a good thing, but it doesn't cover everything. only about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and save you up to thousands of dollars in out-of-pocket costs. call today to request a free decision guide to help you better unde
if not for the so-called fiscal cliff debate they're trying to strike a deal on. that would be also on other legislation that would come up with 113th congress. democrats want to ensure they have 55 votes when the 113th congress begins on january 3rd. >> senior political editor mark murray for us on this thursday, appreciate it, sir. >> thank you, craig. >>> outrage of russian president vladimir putin's decision to sign a bill to block americans from adopting russian...
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Dec 31, 2012
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cliff uncertainty. >> you're right about that. wall street had a decent year. the dow is up 6% and the nasdaq is up 14%, and the s&p 500, that mostly tracks your retirement savings up more than 11%. we've seen a slow churn upward over the course of the year, and that's how you want to see the market move. much has to do with the improving economy. the question is what will happen when we go on over the cliff, will we see stocks fall and what will happen to the economy? we know it wouldn't look good for the economy at this point. christine. >> no, it won't. thank you. here's how the markets are reacting as we edge closer to the fiscal cliff and investors brace for the potential fallout. oh, let me guess --ou see this? more washington gridlock. no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save.
cliff uncertainty. >> you're right about that. wall street had a decent year. the dow is up 6% and the nasdaq is up 14%, and the s&p 500, that mostly tracks your retirement savings up more than 11%. we've seen a slow churn upward over the course of the year, and that's how you want to see the market move. much has to do with the improving economy. the question is what will happen when we go on over the cliff, will we see stocks fall and what will happen to the economy? we know it...
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Dec 27, 2012
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over the fiscal cliff. but i think what is important is what harry reid said, there's a bill you could pass in the house, for the house to pass the senate bill is quickest. you can't do it because you have all the democrats and nancy pelosi can whip her caucus, she maas lie one or two, and then you need about 30 republicans, but boehner -- >> arguing the senate bill is more partisbipartisan. >> it means only 2% of people would pay the 39% tax rate on everything above 250, right? but you reason he won't even try to pass that bill, is because he doesn't want the optics with the bill being passed with mostly democrats. bainers wants it a majority of the majorities, that that will be mostly republicans passing it. that's impossible, because republicans, you can't even get 10 or 20 of them to agree on anything they think is a tax hike. so you have a stalemate of boehner's over design. >>> ryan, to you, please responds to what joann said. a year ago, did you think -- yeah, we knew this was going to happen, did yo
over the fiscal cliff. but i think what is important is what harry reid said, there's a bill you could pass in the house, for the house to pass the senate bill is quickest. you can't do it because you have all the democrats and nancy pelosi can whip her caucus, she maas lie one or two, and then you need about 30 republicans, but boehner -- >> arguing the senate bill is more partisbipartisan. >> it means only 2% of people would pay the 39% tax rate on everything above 250, right? but...
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Dec 28, 2012
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gregg: the fiscal cliff is not the only threat facing the u.s. economy right now. shipments of all kinds could actually be stuck on cargo ships if a longshoreman strike goes ahead as planned. the stakes for the recovery coming up. patti ann: high noon in those fiscal cliff negotiations. >> nothing have move forward in regards to our budget crisis unless speaker boehner and mitch mcconnell will go forward with our plan. speaker boehner is willing to negotiate, we have not heard a word from mitch mcconnell, and nothing is hang. patti ann: chris vanhollen joins us next. pwhrafp [ woman ] ring. ring. progresso. i just finished a bowl of your new light chicken pot pie soup and it's so rich and creamy... is it really 100 calories? let me put you on webcan... ...lean roasted chicken... and a creamy broth mmm i can still see you. [ male announcer ] progresso. you gotta taste this soup. . patti ann: fox news alert, potentially good news for the nation's housing market. pending home sales, which measure homes that are in contract and about to be sold rose 1.7% in november to
gregg: the fiscal cliff is not the only threat facing the u.s. economy right now. shipments of all kinds could actually be stuck on cargo ships if a longshoreman strike goes ahead as planned. the stakes for the recovery coming up. patti ann: high noon in those fiscal cliff negotiations. >> nothing have move forward in regards to our budget crisis unless speaker boehner and mitch mcconnell will go forward with our plan. speaker boehner is willing to negotiate, we have not heard a word from...
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Dec 24, 2012
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so why doesn't the administration want a deal, why do they want to go over the fiscal cliff? can you hear us? okay, we're going to have to fix bills hearing problems. he will take a quick break and come back with bill wilson right after this. stay tuned. you see your big picture. with the fidelity guided portfolio summary, you choose which accounts to track and use fidelity's analytics to spot trends, gain insights, and figure out what you want to do next. all in one place. i'm meredith stoddard and i helped create the fidelity guided portfolio suary. it's one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. >> phil wilson can't hear us now. sorry about the difficulty with your hearing device. let's talk about the president going off the fiscal cliff or not. >> i think it is crystal clear that that is the case. his response was to offer, what he called, a small proposal. extend another $30 billion, no spending cuts and let's go back to my tax plan. that is not trying to move the ball forward. that is rubbing sal
so why doesn't the administration want a deal, why do they want to go over the fiscal cliff? can you hear us? okay, we're going to have to fix bills hearing problems. he will take a quick break and come back with bill wilson right after this. stay tuned. you see your big picture. with the fidelity guided portfolio summary, you choose which accounts to track and use fidelity's analytics to spot trends, gain insights, and figure out what you want to do next. all in one place. i'm meredith...
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Dec 31, 2012
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we are less than 24 hours away from hitting the so-called fiscal a cliff right now. the house and senate are striking a deal oh avoid massive tax hikes and spending cuts. derek ward is live with more on what's happening today. >> the end is near. that's the end of the year, of course. what about the path that ends at the end of the fiscal cliff. senators should be back at it. the house reconvened this morning. such new year's eve appearances are on the hill. senate minority leader mitch mcconnell and joe biden kept in place to avoid $200 billion in tax increases. broad stroke spending cuts and domestic and defense spending. they would take effect gradually over a period beginning at midnight if the white house and congress can't reconcile their differences. it appeared to have been movement on the cost of living increases for social security recipients. opposition to the white house's proposed rate of increase was dropped but the common ground is even shaky. the fierce disagreement over whether the bush era tax cut with the top income earners should be allowed to exp
we are less than 24 hours away from hitting the so-called fiscal a cliff right now. the house and senate are striking a deal oh avoid massive tax hikes and spending cuts. derek ward is live with more on what's happening today. >> the end is near. that's the end of the year, of course. what about the path that ends at the end of the fiscal cliff. senators should be back at it. the house reconvened this morning. such new year's eve appearances are on the hill. senate minority leader mitch...
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Dec 30, 2012
12/12
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what we are seeing is more and more people right now as congress looks that the fiscal cliff, talking about the things that concerns them. i want to tell you, some things watching right now who think the country should goefrt fiscal cliff, a quote i got there on facebook, talking about this, this one says let's go over it. it is long overdue and we need several more just like t some politicians see it as the easiest way of implementing long overdue cuts without endless congressional squabbles from adam chance campbell wrote on my facebook page. y'all will like the next one, look that the quote from jeff clark, what the mayans couldn't do in thousands of years both houses of congress are doing. let me tell everybody, the world will not end if we go over the fiscal cliff. i don't want you to feel that watch doesn't mean there aren't serious concerns for a lot of people involved. a couple more here from facebook this one says they need a reality check in how the 98% really lives. that's from felicia persaud on facebook. one more here the people express third desire for ending the bush ta
what we are seeing is more and more people right now as congress looks that the fiscal cliff, talking about the things that concerns them. i want to tell you, some things watching right now who think the country should goefrt fiscal cliff, a quote i got there on facebook, talking about this, this one says let's go over it. it is long overdue and we need several more just like t some politicians see it as the easiest way of implementing long overdue cuts without endless congressional squabbles...
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Dec 31, 2012
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that's what this whole fiscal cliff debate is all about, right? it's about taking money out of the economy. it's about slowing job growth. it's about the potential for a recession in the beginning part of this year, and 9.1% unemployment by the end of the year because of all the money taken out. so what they're doing here is critical stuff. you heard about how this whole process taking a hatchet in the efforts of budget control, when you should use a scalp peel but congress has shown any willingness. >> christine, thank you very much. we'll get your perspective on the other side of the president's address. it's about 15 minutes away or so. he will speak at the white house addressing the american people essentially about the updates on the talks with republicans. it has been the vice president, vice president biden, and the republican senate minority leader mitch mcconnell who have been in negotiations and discussions. we'll see just how far they have gotten and whether or not there is something real that has been put on the table. we're going to h
that's what this whole fiscal cliff debate is all about, right? it's about taking money out of the economy. it's about slowing job growth. it's about the potential for a recession in the beginning part of this year, and 9.1% unemployment by the end of the year because of all the money taken out. so what they're doing here is critical stuff. you heard about how this whole process taking a hatchet in the efforts of budget control, when you should use a scalp peel but congress has shown any...
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Dec 29, 2012
12/12
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the fiscal cliff happening right now. what kind of government should we have and what sort of taxes and spending and who should pay what and end the year with a story about everything that touching scenion do with government that we have been arguing about since the start of the election. >> greta: let's have some fun stuff. linn sanity. >> i particularly enjoyed linn sanity. a wonderful story because he was a guy who came from out of no where who had been cut, released, overlooked by other people but also just didn't fit the type of an nba star are that we see in the modern era. an asian american. a short guy who basically took hold of the team in the biggest media market in the country and led the new york nixon this terrific winning streak. petered out a little bit. still needs to work on turnovers. having mixed success in houston. that was sentimentally that was my favorite story of the year. >> greta: for 2013, pay attention to africa. you mentioned the arab spring but i think africa is and what is going on there wil
the fiscal cliff happening right now. what kind of government should we have and what sort of taxes and spending and who should pay what and end the year with a story about everything that touching scenion do with government that we have been arguing about since the start of the election. >> greta: let's have some fun stuff. linn sanity. >> i particularly enjoyed linn sanity. a wonderful story because he was a guy who came from out of no where who had been cut, released, overlooked...
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Dec 29, 2012
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fiscal cliff. got less than three days to go now, folks. at the same time in his weekly address today, the president says he's preparing a plan of action if no deal is reached. >> if an agreement isn't reached on time, then i'll urge the senate to hold an up or down vote on a basic package that protects the middle class from an income tax hike, extends vital unemployment insurance for americans looking for a job, and lays the ground work for future progress on more economic growth and deficit reduction. >> republicans say they want a deal as well, but they highlighted their biggest sticking points today in their weekly address. listen now to missouri senator roy blount. >> senate democrats have spent months drawing partisan lines in the sand. the president's proposal to raise tax on the top 2% of americans won't even pay one-third of the annual interest that's now owed on this massive $16 trillion debt. in fact, the president's tax hike would only fund the government for eight days. >> the senate i
fiscal cliff. got less than three days to go now, folks. at the same time in his weekly address today, the president says he's preparing a plan of action if no deal is reached. >> if an agreement isn't reached on time, then i'll urge the senate to hold an up or down vote on a basic package that protects the middle class from an income tax hike, extends vital unemployment insurance for americans looking for a job, and lays the ground work for future progress on more economic growth and...
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Dec 28, 2012
12/12
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with the fiscal cliff will last. if it's short and we get a resolution, i think we will avoid a recession. if it takes months to figure out, then i think in a slow-growth economy we could get into recession territory pretty easily without some certainty. >> but as you know, we're going to be -- even if we get a deal, we will be hearing reports on quarterly earnings in the next couple of weeks. we will be hearing from c.e.o.'s that will be talking about their out look and with all of the uncertainty probably we will be getting a lot of gloomy news. they can't be helping investor confidence, right? >> right. that's true. if we don't have some certainty on the fiscal cliff, if we don't have resolution to that, i think you're right. in that c.e.o.'s probably will remain fairly conservative in their out look and that probably won't be good for the market. but if we do get resolution, i think c.e.o.'s by nature tend to be optimistic people, and if there's some resolution and they know what the rules of engagement are, they
with the fiscal cliff will last. if it's short and we get a resolution, i think we will avoid a recession. if it takes months to figure out, then i think in a slow-growth economy we could get into recession territory pretty easily without some certainty. >> but as you know, we're going to be -- even if we get a deal, we will be hearing reports on quarterly earnings in the next couple of weeks. we will be hearing from c.e.o.'s that will be talking about their out look and with all of the...
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Dec 28, 2012
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the fiscal cliff, which companies get hurt the most if we go right over that cliff? elizabeth ma cdonald is here with the bottom line. what are we looking at for bad news for what companies? >> walmart hand capped this and have their score card. a number of companies will, you know, dive over the fiscal cliff, and i'm tired of the "fiscal cliff" term, pardon me, it's a manmade term, the fc, whatever happens january 1st. here's why they get sales from government contracts. that's the deal. it's not just the lockheed martins of the world. you'll see in here, humana, other health care companies, of course, medical device companies hit with the tax, but they have striker, for example, and there's a lot of sales from government contracts. you'll see in here, look at that, motorola, holdings in and waste management companies like waste management and republic services, ashley. ashley: what are the stock prices on the companies, iz? >> good point. goldman sachs warned since 2011 when that debt ceiling crisis hit in the summer of 2011 that triggered the fiscal cliff learning
the fiscal cliff, which companies get hurt the most if we go right over that cliff? elizabeth ma cdonald is here with the bottom line. what are we looking at for bad news for what companies? >> walmart hand capped this and have their score card. a number of companies will, you know, dive over the fiscal cliff, and i'm tired of the "fiscal cliff" term, pardon me, it's a manmade term, the fc, whatever happens january 1st. here's why they get sales from government contracts. that's...
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Dec 27, 2012
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cliff. charlie's at the live desk right now this morning with more on the battle ahead for both sides of the debate. charlie the 11th hour. >> the future, the immediate future of our taxes hang in the balance. the president and house republicans are now set to square off once more to cut a deal. with just five days remaining before the tax hikes and departmental cuts take effect. before christmas house republicans failed to pass the alternate plan instead placing the responsibility on president obama and senate democrats' shoulder. according to the "washington post" gop leaders vowed to go into session to vote on anything the democratic controlled senate approved. however speaker john boehner demanded the senate first take a look at the bill the house moved through a month ago that preserved the expiring tax cuts for the wealthy as well as the middle class. that's not likely given the president's position on raising taxes for those making more than $250,000 a year. >> i want us to not go ove
cliff. charlie's at the live desk right now this morning with more on the battle ahead for both sides of the debate. charlie the 11th hour. >> the future, the immediate future of our taxes hang in the balance. the president and house republicans are now set to square off once more to cut a deal. with just five days remaining before the tax hikes and departmental cuts take effect. before christmas house republicans failed to pass the alternate plan instead placing the responsibility on...
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Dec 29, 2012
12/12
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washington taking america right up to the fiscal cliff. three days now until higher taxes for all. will there be a deal? as americans and their 401(k)s already taking a hit. >>> crash landing. . the jet that skidded off the runway nearly smashing into a crowded highway. >>> back in the game. football coach's battle off the field inspired a major turnaround on it. and tonight, he's about to return. >> you're like -- >> tomorrow, a team's prayer answered. >>> good evening. >>> we do begin here, with yet another holiday storm. the one-two punch this year, tonight, on a weekend when so many are still traveling, a challenge. here's the radar this evening. rain and snow. tonight, it's moving through the ohio valley right into the northeast from washington up through philly, new york and boston. one of the many scenes on the highways tonight. this is i-83 outside of harrisburg. already this evening the flight cancellations are growing. more than 450 and counting. triggering a ripple effect as people travel for new year's. we begin with abc meteorologist ginger zee. ginger, good evening. >
washington taking america right up to the fiscal cliff. three days now until higher taxes for all. will there be a deal? as americans and their 401(k)s already taking a hit. >>> crash landing. . the jet that skidded off the runway nearly smashing into a crowded highway. >>> back in the game. football coach's battle off the field inspired a major turnaround on it. and tonight, he's about to return. >> you're like -- >> tomorrow, a team's prayer answered....
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Dec 31, 2012
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also tonight, say the words with me here, fiscal cliff. no vote yet, no agreement yet. and not a lot of time left. can you say one more day? we're going to start with the secretary of state, hillary clinton, hospitalized with a blood clot. it was discovered today during a follow-up exam. are dids say it is related to a concussion she suffered earlier this month. you'll recall the former first lady was suffering from a omach virus when she fainted. we want to bring in dr. sanjay gupta now. she was just cleared to return to work this week, and now this. >> first of all, there are a couple things that are important. it sounds like she went in for a routine exam, they found a clot, a blood clot, they did not specify where this clot was located. she's hospitalized on blood thinners, anti-coagulants. these are important points. from a medical perspective, first of all, finding this on a routine exam means that she didn't go in for some particular new problem or concern. and the fact that she's on blood thinners, specifically from this really suggests to me -- this is not a bl
also tonight, say the words with me here, fiscal cliff. no vote yet, no agreement yet. and not a lot of time left. can you say one more day? we're going to start with the secretary of state, hillary clinton, hospitalized with a blood clot. it was discovered today during a follow-up exam. are dids say it is related to a concussion she suffered earlier this month. you'll recall the former first lady was suffering from a omach virus when she fainted. we want to bring in dr. sanjay gupta now. she...
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we will be right back. >>> one more look at the comlicated fiscal cliff negotiations. >> reporter: vice president joevice president joe biden was -- joe vice president joe biden was briefing. here is joe biden on expectations a moment ago. >> two things you shouldn't do, shouldn't predict how the senate will vote, and number two, shouldn't predict how the house will vote. i feel very, very good. i think we will get a good vote tonight. >> reporter: senate vote in a matter of moments. no idea what will happen. >> do you think this is the beginning of the end or the end of the beginning? >> reporter: absolutely. >> well said. thank you for watching. we are always on www.wusa9.com. letterman is next. have a great night and a very happy new years.
we will be right back. >>> one more look at the comlicated fiscal cliff negotiations. >> reporter: vice president joevice president joe biden was -- joe vice president joe biden was briefing. here is joe biden on expectations a moment ago. >> two things you shouldn't do, shouldn't predict how the senate will vote, and number two, shouldn't predict how the house will vote. i feel very, very good. i think we will get a good vote tonight. >> reporter: senate vote in a...
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washington taking america right over the fiscal cliff. and when that ball comes down in times square tonight, every american's taxes will go up. what happened? >>> the other breaking story tonight. hillary's health. doctors reveal it is a blood clot near mrs. clinton's brain keeping her in the hospital. dr. besser right here with what this means. and what mrs. clinton just told barbara walters after becoming the most traveled secretary of state. >> are you exhausted? >> i am. to be honest, i am. >>> the big chill. a million americans in times square tonight. this evening, the security, the weather. some of the coldest temperatures of the winter. and what we didn't know about something else that will be falling at midnight.
washington taking america right over the fiscal cliff. and when that ball comes down in times square tonight, every american's taxes will go up. what happened? >>> the other breaking story tonight. hillary's health. doctors reveal it is a blood clot near mrs. clinton's brain keeping her in the hospital. dr. besser right here with what this means. and what mrs. clinton just told barbara walters after becoming the most traveled secretary of state. >> are you exhausted? >> i...
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Dec 30, 2012
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now, this is the only shot we havto avoid the fiscal cliff. the fact that they are giving another shot over the next 48 hours, it is probably as good of a result from the meeting s you could've expected. gerri: i love ending on an optimistic note. that is nitely good news. i would like to thank all my guests are you think you all for yo fine alysis and thank you for your help tonight. i really appreciate it. >> thank you. >> happy new year. gerri: how would you describe today's closed-door fiscal cliff meeting between the president and congressional leaders? do you believe it was a political stunt or real negotiation? la mancha gerriwillis.com, vote on the right-hand side of the screen, i will share the results of the end of the show. stilahead tonight, it's not just the fisca cliff mess that congress has leftundone. there is a whole lot of other work that our lawmers should have done this year but did not. i will tell you all about it. and we will be right back when some people struggle with their mortgage payments, they become frozen, petrif
now, this is the only shot we havto avoid the fiscal cliff. the fact that they are giving another shot over the next 48 hours, it is probably as good of a result from the meeting s you could've expected. gerri: i love ending on an optimistic note. that is nitely good news. i would like to thank all my guests are you think you all for yo fine alysis and thank you for your help tonight. i really appreciate it. >> thank you. >> happy new year. gerri: how would you describe today's...
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that's the fiscal cliff. we reach the brink in two days. let's go live now to dana bash on capitol hill. because of news of a setback. dana, what do we know? >> that's right. we got this word from democratic sources about a half an hour ago. maybe a little bit more. that they consider a major setback to be going on right now. a poison pill, something that the republicans offered last night and democrats rejected today. it's called technically chain cpi, the buzz word for it. what it means for real people and real terms, would be that social security recipients would see smaller checks on a monthly basis and that's why democrats are saying that this is a nonstarter. the president did propose this to the house speakers as part of a larger deal. he even talked about it again this morning on nbc, the president. but democrats are saying that they simply do not see this in this miner, smaller mini deal. they don't want to deal with the entitlement issue at all until a later date when they can deal with it in a broad sense. here's an example of wh
that's the fiscal cliff. we reach the brink in two days. let's go live now to dana bash on capitol hill. because of news of a setback. dana, what do we know? >> that's right. we got this word from democratic sources about a half an hour ago. maybe a little bit more. that they consider a major setback to be going on right now. a poison pill, something that the republicans offered last night and democrats rejected today. it's called technically chain cpi, the buzz word for it. what it means...
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Dec 28, 2012
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so what is that going to do to the fiscal cliff negotiations? >> right, there are a couple deadli deadlines actually coming up. january 2nd is the last day of the current congress. any bill that's been submitted, especially the bills that have been passed, the deal with the fiscal cliff, those bills would be worthless. they would go into paper and everything would have to start from scratch. the new congress would have to start a bill and start the process from the beginning. now there are some tricks that congress has to try to speed things up when it wants to. so to some degree, it's not that big of a deal. if there was a deal in the offing, january 3rd, enough votes for it, they could get around the hurdles. but i'm glad you brought up the deadlines because another one is tomorrow. unemployment benefits run out tomorrow for 1 million people. not true. the unemployment portion of the fiscal cliff actually hits us tomorrow. and that's when 1 million people are estimated to see unemployment benefits run out. and tomorrow is also the day that the
so what is that going to do to the fiscal cliff negotiations? >> right, there are a couple deadli deadlines actually coming up. january 2nd is the last day of the current congress. any bill that's been submitted, especially the bills that have been passed, the deal with the fiscal cliff, those bills would be worthless. they would go into paper and everything would have to start from scratch. the new congress would have to start a bill and start the process from the beginning. now there...
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Dec 26, 2012
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that short shows investors nervous as lawmakers fail to reach a deal to avoid the fiscal cliff. we'll be right back. here's stan roberts who found some people banking bad -- behaving badly. >> we're gonna turn right. >> reporter: every major highway, the chp puts out an all hands on-deck call. it's called maximum enforcement. >> at the next driveway we're gonna turn right. next driveway turn right. >> reporter: this means there is a maximum amount of officers on the road looking for violaters, like this driver who -- well, listen to the officer. >> the reason i stopped you, you weren't wearing her seat belt. >> reporter: the driver claims she forgot. that's not a good excuse. >> you got cited today for not wearing your seat belt. >> reporter: this driver was observed doing something that is all too common in the bay despite it being a violation of the vehicle code. >> drive. drive. drive. exit the freeway. exit the freeway. >> reporter: even driving while on the cell phone without the benefit of a hands-free device and yes, he did get a ticket. this driver ran a stop at a fronta
that short shows investors nervous as lawmakers fail to reach a deal to avoid the fiscal cliff. we'll be right back. here's stan roberts who found some people banking bad -- behaving badly. >> we're gonna turn right. >> reporter: every major highway, the chp puts out an all hands on-deck call. it's called maximum enforcement. >> at the next driveway we're gonna turn right. next driveway turn right. >> reporter: this means there is a maximum amount of officers on the road...
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Dec 27, 2012
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even if the fiscal cliff is solved, less damaging ways to resolve the fiscal cliff, the housing market still might be affected if the mortgage interest deduction is cut back severely. right now the mortgage interest deduction cost the government roughly $100 billion per year in revenue and getting rid of that would likely increase home values particularly in more expensive areas. gerri: rehear it would put the brakes on selling and home buying in those areas. what are the issues for you? you know all the issues and housing, what are you looking for next year? >> three things have been really important, the first is the inventories of homes for sale are down sharply. that is great news for home sellers because there is less competition. bad news for buyers. demand is also up, rising rent, rising prices, both of those will get urgency. the growth hasn't been great but it has been enough to get people off the fence, people feel more secure so demand is up. and finally, credit. it will be important to look at what are the standards to get a mortgage, much harder to get a mortgage even thou
even if the fiscal cliff is solved, less damaging ways to resolve the fiscal cliff, the housing market still might be affected if the mortgage interest deduction is cut back severely. right now the mortgage interest deduction cost the government roughly $100 billion per year in revenue and getting rid of that would likely increase home values particularly in more expensive areas. gerri: rehear it would put the brakes on selling and home buying in those areas. what are the issues for you? you...
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. >> he'll be back on wednesday, in time to trade the fiscal cliff. all right. the deadline, of course, just hours away. if lawmakers wind up kicking the can down the road, they may want to come up with a way of saying so. that son the annual list of words to be ban issued. spoiler alert, trending and bucket list, not surprisingly the phrase that got the most nominations this year, fiscal cliff. so that brings us to this morning's squawk on the tweet. what other phrases should be banned and why. and remember, try and keep it clean. tweet us at squawk street. we've got your responses throughout the morning. fiscal cliff definitely has to go. >> i can't wait for hash tag to go away. >> we'll start hearing about the debt ceiling in two months. >> a ban on 2013's list. >> have a great new year. >> you as well. i have no special plans. i have a 3-month-old daughter -- >> that's very special. >> i'm prohibited from going anywhere. we have dinner reservations about 4:30 p.m., though. >> early birds. >> happy new year. >> same to you. >> presidents of americans for tax
. >> he'll be back on wednesday, in time to trade the fiscal cliff. all right. the deadline, of course, just hours away. if lawmakers wind up kicking the can down the road, they may want to come up with a way of saying so. that son the annual list of words to be ban issued. spoiler alert, trending and bucket list, not surprisingly the phrase that got the most nominations this year, fiscal cliff. so that brings us to this morning's squawk on the tweet. what other phrases should be banned...
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Jan 1, 2013
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we are at 0 hours. 58 minutes until we go over the fiscal cliff. there has been a lot of light breaking developments. deal has beena reached that would stop the big that would be enacted across the board if we over the fiscal cliff. this is a live picture from the capital. been a flurry of activity tonight. this still addresses some of the about to happen -- the deal addresses some of to happen asbout well. the vice president walked past d was asked if a deal had been reached. here's what happened. >> happy new year. >> do you have a deal? >> happy new year. >> happy new year. he would not answer the question. that he was smiling is taken as a good sign. e deal that has reportedly reached keeps taxes the every one making $450,000 or less. it also appears this avoids the to defense and other programs that would happened if we went over the cliff. this is a fast developing situation. , that goes byts the wayside. your taxes would go up if the is enacted. could be ideal tonight in the senate. e house has gone home for tonight. i am told as long as the
we are at 0 hours. 58 minutes until we go over the fiscal cliff. there has been a lot of light breaking developments. deal has beena reached that would stop the big that would be enacted across the board if we over the fiscal cliff. this is a live picture from the capital. been a flurry of activity tonight. this still addresses some of the about to happen -- the deal addresses some of to happen asbout well. the vice president walked past d was asked if a deal had been reached. here's what...
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the debt showdown last summer is what led to the fiscal cliff we're facing right now. just one more complication or bargaining chip. remind us, you're the best at putting this in perspective. remind us why the debt ceiling is just as important as the fiscal cliff. >> let me take you back a little while. to the conversation about the bun ji jump. here's the problem. confidence doesn't react to a bun ji jump. if you stole my phone and then i got it back from you, it would take that time before i develop that trust wp we saw the consumer confidence numbers come out and they have taken a big hit because consumers are worried about the fiscal cliff. the investing side is our debt raiting, you'll recall the last time we messed around with the debt ceiling, we got kicked down a notch. so if we are seen to be so irresponsible we would do this again and get past our debt limit, the world may sit there and say you're not that good. maybe americans are irresponsible with their money. we hit the debt limit on money. we have known that was coming. the treasury secretary reenforced
the debt showdown last summer is what led to the fiscal cliff we're facing right now. just one more complication or bargaining chip. remind us, you're the best at putting this in perspective. remind us why the debt ceiling is just as important as the fiscal cliff. >> let me take you back a little while. to the conversation about the bun ji jump. here's the problem. confidence doesn't react to a bun ji jump. if you stole my phone and then i got it back from you, it would take that time...
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, is that the right way to start the negotiation with two days left before the fiscal cliff or shouldn't he sit down and hammer out a deal with the senate republicans and house republicans. do you think a deal gets done? >> i do think a deal will get done. i think it might january 1st. i think we will briefly go over the fiscal cliff. the president worked on the issue months and months. the entire "crisis" is an issue of congress' own making . he was taping the meet the press on saturday. house republicans were cozy and doing nothing on the fiscal cliff. john bone bone took himself out of the negotiations and abdicated responsibility and said he would dole with whatever the senate and president had come to. i happening there is a lot of good proprosals on the table and something will get done, too. >> dave: it appears that senate republicans came a long way in sharing their desire for no taxes raised on the wealthy. $550,000 thres hold for couples is a significant compromise. but can they get anything through the house in terms of getting republican votes today? >> i don't think that wil
, is that the right way to start the negotiation with two days left before the fiscal cliff or shouldn't he sit down and hammer out a deal with the senate republicans and house republicans. do you think a deal gets done? >> i do think a deal will get done. i think it might january 1st. i think we will briefly go over the fiscal cliff. the president worked on the issue months and months. the entire "crisis" is an issue of congress' own making . he was taping the meet the press on...
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thank you. >> that's right. >> a deal on the fiscal cliff may be at hand, but there's still a lot to do, and not a lot of time to do it. delaware democratic senator chris kuhns. thank you for taking the time. i want to talk about something first that your colleague tom hashi harken said on the senate floor. let's come back and talk about it. >> it looks like all of the taxes will be made permanent, but all of the other things that the middle class and america really depends on. one year or two years at the most, but the tax system is made permanent. well, i just think that's grossly unfair. grossly unfair. as i have said before, no deal is better than a bad deal, and this looks like a very bad deal the way this is shaping up. >> so, senator kuhns, is $400,000 on individuals a bad deal as tom harken described, it or is some deal better than no deal at this point? >> well, first, let's just talk about our broader values and the context we're operating in. given the real financial strains on our federal budget, given divided government where the house is controlled by republicans, the s
thank you. >> that's right. >> a deal on the fiscal cliff may be at hand, but there's still a lot to do, and not a lot of time to do it. delaware democratic senator chris kuhns. thank you for taking the time. i want to talk about something first that your colleague tom hashi harken said on the senate floor. let's come back and talk about it. >> it looks like all of the taxes will be made permanent, but all of the other things that the middle class and america really depends...
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cliff still in play right now. in a desperate race against a different clock, we have another free-flowing, fluid situation tonight. likely a lot of breaking news from capitol hill. we begin with fox team coverage. chief washington correspondent ed henry looks at the president's next move. chief congressional correspondent mike emanuel on where this all stands at this moment. we start with mike and i say "at this moment" because it has been every moment changing throughout the day. >> that's right. good evening to you. house republican leaders spent time behind closed doors with the members trying to figure out a way forward. the bombshell announce fire department the house majority announcement today was he does not support the compromise. house republicans are complaining about a deal they did not negotiate about the lack of spending cuts. >> consensus that we have to in some ways address spending. people told me, they would rather increase taxes but we need to cut spending. >> part of the problem is it includes
cliff still in play right now. in a desperate race against a different clock, we have another free-flowing, fluid situation tonight. likely a lot of breaking news from capitol hill. we begin with fox team coverage. chief washington correspondent ed henry looks at the president's next move. chief congressional correspondent mike emanuel on where this all stands at this moment. we start with mike and i say "at this moment" because it has been every moment changing throughout the day....
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align. >>> we are so close to the fiscal cliff right now we can pra practically look over the edge. in fact, some people are saying it might even be too late for a deal and we'll go over that cliff. harry reid just took to the senate floor 30 minutes ago to say he thinks it's likely we're going to go over the cliff. republicans like house speaker john boehner and mitch mcconnell have been radio silent on negotiations. joining me is will kain and roland martin, a political analyst and columnist. welcome to you both. >> good to see you. >> good to see you. i'm just so sad we have to talk about the fiscal cliff. let's start with you, roland. harry reid comes out and says the house isn't in session. the president is back. the house is going nowhere. john boehner is doing a terrible job and we'll likely go off the cliff because of the republicans. >> it's interesting. this morning i talked to congressman e moon yule cleaver and part of the issue deals with the house rules. they have to have 48-hours notice to come back to washington, d.c. republicans also have a rule -- >> like there are
align. >>> we are so close to the fiscal cliff right now we can pra practically look over the edge. in fact, some people are saying it might even be too late for a deal and we'll go over that cliff. harry reid just took to the senate floor 30 minutes ago to say he thinks it's likely we're going to go over the cliff. republicans like house speaker john boehner and mitch mcconnell have been radio silent on negotiations. joining me is will kain and roland martin, a political analyst and...
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Dec 24, 2012
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but right now make no mistake about it, the fiscal cliff doubts in getting to january 1 without some kind of even a patchwork deal is what's driving the markets right now in negative territory. >> as we know, it's not a cliff, it's really a slope or series of steps as you're falling down them should a deal not come to pass here. is the drop that we've seen so far after plan b's failure, will we see yet more of the market reacting, a slow degradation of market performance? >> that depends on essentially if, for instance, a week from monday right now we're sitting here and it's almost a certainty that we're going to go over the cliff. i would argue that we could get more back to a cliff rather than slope analogy because it comes down to how swiftly does the market react in a negative way and how swiftly is the fallout on the overall u.s. economy. for example, we're getting reports from around the country that, number one, retailers have lowered their forecast on what the christmas shopping season is going to look like. we're hearing that one of our reporters who is out at a mall today
but right now make no mistake about it, the fiscal cliff doubts in getting to january 1 without some kind of even a patchwork deal is what's driving the markets right now in negative territory. >> as we know, it's not a cliff, it's really a slope or series of steps as you're falling down them should a deal not come to pass here. is the drop that we've seen so far after plan b's failure, will we see yet more of the market reacting, a slow degradation of market performance? >> that...
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and we will be right back gerri: president obama calling on congress to act to avoid the fiscal cliff. the president said he is optimistic. modestly optimistic, that is, that a deal can be done. here is the president. >> i still want to get this done. it's the right thing to do for our families and our businesses and for our entire economy. but for immediate action comedy hour is here. it is now. we are now at the point where in just four days, every american's tax rates are scheduled to go up by law. every american paycheck will get considerably smaller. that would be the wrong thing to do. gerri: no kidding. we have been telling you that for weeks. democrats and republicans alike should rename their parties the procrastination party. that is because like a lot of college freshman, they left their work until the last minute. including the 800 billion-dollar fiscal cliff that we have been talking about. a hundred billion dollars it hasn't happened yet. it's not like the deadline comes as a surprise to anybody at all, the least of all congress. they were the ones who extended the bush
and we will be right back gerri: president obama calling on congress to act to avoid the fiscal cliff. the president said he is optimistic. modestly optimistic, that is, that a deal can be done. here is the president. >> i still want to get this done. it's the right thing to do for our families and our businesses and for our entire economy. but for immediate action comedy hour is here. it is now. we are now at the point where in just four days, every american's tax rates are scheduled to...
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all right. so not a banner year for retail. we have fiscal cliff and debt ceiling fears. that's driving that. how do you invest now? we are about to ask a top money manager. [ male announcer ] citi turns 200 this year. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪ and the next great idea could be yours. well, if itmr. margin?margin. don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows. i'll do that. you're on a roll. that's funny. i wasn't being funny, bob. i know. when the doctor told me that i could sm
all right. so not a banner year for retail. we have fiscal cliff and debt ceiling fears. that's driving that. how do you invest now? we are about to ask a top money manager. [ male announcer ] citi turns 200 this year. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to...
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well to a special edition, the fiscal cliff edition. we're over the fiscal cliff. i'm john berman. >> i'm ali velshi. it's hard to do this after that crazy night of partying. >> yeah, right. i'm christine romans. zoraida is off today. it's 5:00 a.m. in the east. let's get you started. >>> of course as you all know because you were glued to it all night, america kicked off the new year by falling offer the fiscal cliff. but, in breaking news this morning, we're talking just hours ago, there is now a deal in place that could cushion that blow. here's what happened while you were sleeping. or sipping champagne or doing something else. on eleventh hour agreement crafted by vice president joe biden and mitch mcconnell in the senate has been passed by the senate by a margin of 89-8. that vote just took place a couple hours ago. now, it's up to the republican-controlled house to take up that plan later this morning, and that is where it gets very interesting. if the house approves, and it's a big if, the deal would generate an estimated $600 billion in new revenues over t
well to a special edition, the fiscal cliff edition. we're over the fiscal cliff. i'm john berman. >> i'm ali velshi. it's hard to do this after that crazy night of partying. >> yeah, right. i'm christine romans. zoraida is off today. it's 5:00 a.m. in the east. let's get you started. >>> of course as you all know because you were glued to it all night, america kicked off the new year by falling offer the fiscal cliff. but, in breaking news this morning, we're talking just...
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. >> accept at is voting right now to keep our nation from going over the fiscal cliff in a big way. plan has been agreed upon by the white house and senate republicans. it is all to the avoid tax increases and stop sweeping spending cut cuts. good evening. carolyn johnson has the night off. >> we are now officially over the fiscal cliff because it's past midnight east coast time but on this new year's eve late night work continues in washington to avoid tax hike and budget cut. democrat voting on the deal between the white house and congressional republicans in the senate. karen travers has the latest development from capitol hill. >> don't start popping the champagne just yet but my knowledge step to avoid the fiscal cliff tonight. after days of intense negotiations, the white house and senate republicans reached a deal. tonight vice president biden went up to capitol hill to sell it to senate democrats. >> happy new year. >>reporter: biden swooped in at the 11th hour to hammer out an agreement. that would permanently extend the bush tax cut for individual making under 400,000. hou
. >> accept at is voting right now to keep our nation from going over the fiscal cliff in a big way. plan has been agreed upon by the white house and senate republicans. it is all to the avoid tax increases and stop sweeping spending cut cuts. good evening. carolyn johnson has the night off. >> we are now officially over the fiscal cliff because it's past midnight east coast time but on this new year's eve late night work continues in washington to avoid tax hike and budget cut....
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still no fix on the fiscal cliff, but there are developments right now, as you know. brian just mentioning there. various congressional leaders and the president getting set to meet at the white house this hour to work on last-minute negotiations all in an effort to avoid those series of tax increases and spending cuts due to take effect next year. what we hear is the senate leaders are there. speaker boehner and minority leader nancy pelosi have yet to arrive, but now we're showing you live pictures. maybe somebody is going to get out of that car, and we'll see if any of the other leaders will be heading to the white house. this is speaker boehner right now heading into the white house. we'll keep you updated as this hour progresses here. >> indeed, meantime, more red arrows here on wall street as investors are awaiting for any signs of progress from the white house meeting which is about to get under way. right now we're sitting smack on 13,000. we've clawed back from being below that earlier on today. the nasdaq has also moved to the downside by half a percent as w
still no fix on the fiscal cliff, but there are developments right now, as you know. brian just mentioning there. various congressional leaders and the president getting set to meet at the white house this hour to work on last-minute negotiations all in an effort to avoid those series of tax increases and spending cuts due to take effect next year. what we hear is the senate leaders are there. speaker boehner and minority leader nancy pelosi have yet to arrive, but now we're showing you live...
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Dec 28, 2012
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economy will grow over the " fiscal cliff. " >> what is happening right now high pressure is staying in place and it is falling down and stall in the system. it is currently 34 degrees in santa rosa. it is not a bad start for san francisco they're waking up to 43 degrees. as we take a look at the visibility map there is a dense fog forming. it is not too bad for napa and out in concord. reports of visibility down to this 3 tens of a mile. this is only the dangerous spot here. you may want to allow yourself a little bit of extra time. >> we are tracking the storm for you. we will not see too much moisture associated with this. we will see cloud cover that will start to run but. all the white on the screeby 3:00 p.m. most of the moisture will be sitting off shore. the shower chances will increase later on tonight into the morning. by 9:00 p.m. we may have some light rain for the shoreline. as we continue to advance the clock showers will pass through for overnight hours. >> as we take a look at the afternoon highs it will be a another cold one. it will be 49 degrees for fairfield and 5
economy will grow over the " fiscal cliff. " >> what is happening right now high pressure is staying in place and it is falling down and stall in the system. it is currently 34 degrees in santa rosa. it is not a bad start for san francisco they're waking up to 43 degrees. as we take a look at the visibility map there is a dense fog forming. it is not too bad for napa and out in concord. reports of visibility down to this 3 tens of a mile. this is only the dangerous spot here....
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Dec 27, 2012
12/12
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from the fiscal cliff. >>> former president george h.w. bush in intentive care. we'll have the latest on that. >>> a vigil for firefighters, a tornado in action and december surfing in the great lakes. good morning. i'm mara schiavocampo. a powerful winter storm that brought an odd mix of tornadoes, heavy winds and snow to the nation's midsection is now wreaking havoc on the northeast. snow and sleet have produced treacherous road conditions from pennsylvania and western new york to maine with more than a foot of snow expected in some areas. this storm so far being blamed for at least six deaths. and as nbc's kurt gregory reports, the storm is creating a post holiday travel nightmare. >> reporter: cleanup on the day after christmas for the deep south. a record of more than 20 tornadoes as a massive storm system ripped through mississippi and alabama and left arkansas with a record-breaking white christmas. that storm system continued its march across the center of the nation wednesday, leaving a near whiteout from detroit -- >> not used to
from the fiscal cliff. >>> former president george h.w. bush in intentive care. we'll have the latest on that. >>> a vigil for firefighters, a tornado in action and december surfing in the great lakes. good morning. i'm mara schiavocampo. a powerful winter storm that brought an odd mix of tornadoes, heavy winds and snow to the nation's midsection is now wreaking havoc on the northeast. snow and sleet have produced treacherous road conditions from pennsylvania and western new...
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Dec 28, 2012
12/12
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you think both sides have decided it's in their political interest to go over the fiscal cliff. is that right? >> yeah, you never want to rule a deal off the table because we have lived through so many rounds that have ended in deals in the last couple years, but in this case, i think democrats think they get a better deal on policy by going over the cliff. that they end up getting more in taxes with less in spending cuts than they would get if they had to cut a deal right now. and republicans have persuaded themselves not completely convincingly in my view, but they have persuaded themselves it's much better to accept slightly higher taxes that they themselves don't have to vote for directly, even though they'll still be casting a vote for new tax rates, they'll be able to say, well, taxes have already gone up and we're just voting to cut them. so that's sort of how, at least, i think both sides are persuading themselves to sort of tip-toe off the cliff. >> and charles, i know you think republicans have more to lose here, but does either side get a boost from this? >> i don't t
you think both sides have decided it's in their political interest to go over the fiscal cliff. is that right? >> yeah, you never want to rule a deal off the table because we have lived through so many rounds that have ended in deals in the last couple years, but in this case, i think democrats think they get a better deal on policy by going over the cliff. that they end up getting more in taxes with less in spending cuts than they would get if they had to cut a deal right now. and...